CL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0078%/8h= −8.6% APRnext payment −$0.10 per $10,000 · paid last 24h −0.017%

Price spread now: Nado against Coinbase International+0.130%7-day average +0.140% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$250.248% of the position

Long on Coinbase International Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.070%+$7 on $10k

Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.130%, 7d avg +0.140%

Together, before fees+0.097%+ Points / potential airdropNado: Active · farm board+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.140%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.070%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International WTIOIL-PERP-INTX	93.160	−0.0040	get 0.0005% / 1h	17m 19s	$403K	$929K	15x
Short	Nado WTI-PERP	93.281	−0.0118	pay 0.0015% / 1h	17m 19s	$965K	$630K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee NadobpOrdersPrice spread, now +0.130%Rate

Funding earned: −$16.46
Price spread: +0.130% → +0.140%: −$1.06
Slippage, 4 orders: −$7.8
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$42.32
Costs to cover: 0.248%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 11 min ago; Nado: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 11 min ago	1.07 bp	9.0 bp −$9	10.4 bp −$104	doesn't fit	doesn't fit
Sell Nado live order book, 36 min ago	0.05 bp	3.6 bp −$4	7.5 bp −$75	27.9 bp −$2,793	doesn't fit

CL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit WTIOIL_USDC-PERPETUAL	−0.0608%	1h	93.160	0.000%	$199K	$370K	15x	as long as short
GRVT CL_USDT_Perp	−0.0326%	4h	93.123	−0.040%	$54K	$645K	25x	as long as short
Aster CLUSD1	−0.0260%	4h	93.220	+0.064%	$24.3M	$66.0M	20x	as long as short
Binance CLUSDT	−0.0186%	4h	93.200	+0.043%	$246.0M	$940.2M	100x	as long as short
Variational Omni CL	−0.0167%	4h	93.119	−0.044%	$13.3M	$10.9M	—	as long as short
Ondo Perps WTI-USD.P	−0.0134%	1h	93.150	−0.011%	$3.5M	$5.4M	20x	as long as short
Bitget CLUSDT	−0.0132%	4h	93.179	+0.020%	$42.0M	$43.2M	100x	as long as short
Aftermath Perps WTIUSD	−0.0127%	1h	93.207	+0.050%	$2K	$27K	5x	as long as short
Nado WTI-PERPshort	−0.0118%	1h	93.281	+0.130%	$965K	$630K	10x
Gate CL_USDT	−0.0067%	8h	93.130	−0.032%	$21.3M	$51.5M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_WTIOILUSD	−0.0061%	1h	93.208	+0.052%	$281K	$958K	25x	as long as short
OKX CL-USDT-SWAP	−0.0059%	4h	93.180	+0.021%	$42.6M	$102.8M	50x	as long as short
tradeXYZ xyz:CL	−0.0054%	1h	93.194	+0.036%	$184.5M	$217.7M	20x	as long as short
Coinbase International WTIOIL-PERP-INTXlong	−0.0040%	1h	93.160	long leg	$403K	$929K	15x
QFEX CL-USD	−0.0033%	1h	93.190	+0.032%	$2.3M	$1.9M	10x	as long as short
Paradex CL-USD-PERP	−0.0027%	8h	93.207	+0.051%	$16K	$367	5x	as long as short
edgeX CLUSDC	−0.0025%	4h	93.146	−0.015%	$524K	$306K	30x	as long as short
Phoenix WTIOIL	−0.0009%	1h	93.260	+0.107%	$37K	$41K	20x	as long as short
dYdX WTI-USD	0.0000%	1h	93.255	+0.101%	$8K	$3K	5x	as long as short
Bybit CLUSDT	0.0000%	8h	93.201	+0.044%	$26.8M	$80.5M	150x	as long as short
RISEx CL/USDC	0.0000%	1h	93.256	+0.103%	$3.1M	$2.9M	20x	as long as short
Bullet WTIOIL-USD	0.0000%	1h	93.192	+0.035%	$19K	$241K	10x	as long as short
gTrade (Gains Network) WTI/USD	L 0.0000% / S +0.0036%	1h	92.753	−0.437%	$5K	—	150x	as long as short
KuCoin CLUSDTM	+0.0004%	4h	93.238	+0.084%	$7.1M	$2.4M	50x	as long as short
Lighter WTI	+0.0008%	1h	93.189	+0.031%	$11.2M	$10.3M	20x	as long as short
Extended WTI-USD	+0.0008%	1h	93.235	+0.081%	$2.0M	$18.6M	10x	as long as short
StandX CL-USD	+0.0040%	1h	93.180	+0.021%	$737K	$2.9M	40x	as long as short
Vest CL-PERP	+0.0046%	1h	93.210	+0.054%	—	$313K	10x	as long as short
Polymarket Perps WTIOIL-USD	+0.0050%	1h	93.198	+0.041%	$1.7M	$1.3M	20x	as long as short
SoDEX CL-USD	+0.0050%	1h	93.185	+0.027%	$2.1M	$60K	20x	as long as short
Pacifica CL	+0.0100%	1h	93.212	+0.056%	$331K	$579K	10x	as long as short
ApeX Omni CLUSDT	+0.0100%	1h	93.250	+0.097%	$54K	$266K	50x	as long as short
Aevo WTIOIL-PERP	+0.0104%	1h	93.180	+0.022%	$4K	—	10x	as long as short
BloFin CL-USDT	+0.0181%	4h	93.180	+0.021%	$4.0M	$999K	50x	as long as short
Injective WTI/USDC PERP	+0.0220%	1h	102.37	+9.887%	$19K	$11K	30x	as long as short
GMX WTIOIL/USD [ETH-USDC]	L +0.0223% / S −0.0151%	1h	93.195	+0.038%	$81K	—	111x	as long as short